Market structures like Monopoly, Duopoly, Oligopoly and Monopolistic competition in Australia

Topics for Individual essay   DUE Class 6

Choose any One of the topics from the following list:

·        Scarce resources- which resource and in which country/industry are seen as scarce and what is being done in the industry or country. What substitutes have been used to overcome this problem!  

·        Micro economics – study of individual behaviour – individual industry like education, meat industry, tourism and agriculture. Choose any ONE industry from this list and discuss the reforms been done in that industry.  

·        Comparative advantage/Absolute advantage of any country in any industry and why/how  

·        Demand and supply of certain resources in Australia or any other country and factors other than price which affect demand and supply   

·        Market structures like Monopoly, Duopoly, Oligopoly and Monopolistic competition in Australia.  

Structure of the Essay

·        Introduction – which topic 200 words

·        Body- Discuss the topic in the article and with some theory -700 words

·        Conclusion 100 words

Note=

-         More marks for research – choosing a good article on something specific topic from the above list

-         There is no need to explain the theory/concepts in the essay on its own

-         More marks for application and your comments on the topic

-         You need to attach the copy of the article with your essay. Also attach the safe assignment report with your essay.

-         Upload the soft copy on BB by MON 5pm week 6. 

-         You need to submit your assignment on LVL 6 on MON (week 6)

-         Following are the good sources of the articles:

·        BRW

·        Economist

·        Australian Financial Review

·        Australian

·        Sydney Morning Herald

·        RBA/ABS

·        Proquest or any other data base